Two Sigma Securities LLC Invests $462,000 in Regency Centers Co. (NASDAQ:REG)

Two Sigma Securities LLC acquired a new stake in shares of Regency Centers Co. (NASDAQ:REG - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,250 shares of the company's stock, valued at approximately $462,000.

A number of other institutional investors also recently modified their holdings of the company. Heck Capital Advisors LLC bought a new stake in shares of Regency Centers in the fourth quarter valued at approximately $26,000. National Pension Service bought a new position in shares of Regency Centers in the 4th quarter worth $27,000. TD Waterhouse Canada Inc. boosted its holdings in shares of Regency Centers by 48,700.0% in the 4th quarter. TD Waterhouse Canada Inc. now owns 488 shares of the company's stock worth $36,000 after purchasing an additional 487 shares in the last quarter. Canada Post Corp Registered Pension Plan purchased a new position in shares of Regency Centers during the 4th quarter valued at about $39,000. Finally, Catalyst Capital Advisors LLC bought a new position in Regency Centers during the fourth quarter valued at approximately $54,000. 96.07% of the stock is owned by institutional investors and hedge funds.

Regency Centers Stock Performance

NASDAQ:REG traded up $0.44 on Friday, hitting $72.86. The stock had a trading volume of 160,767 shares, compared to its average volume of 1,085,098. The business's 50-day simple moving average is $72.08 and its two-hundred day simple moving average is $72.72. Regency Centers Co. has a 52-week low of $58.08 and a 52-week high of $78.18. The company has a quick ratio of 0.95, a current ratio of 0.85 and a debt-to-equity ratio of 0.66. The stock has a market cap of $13.23 billion, a price-to-earnings ratio of 34.37, a price-to-earnings-growth ratio of 3.75 and a beta of 1.03.

Regency Centers (NASDAQ:REG - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $1.15 EPS for the quarter, topping the consensus estimate of $1.14 by $0.01. Regency Centers had a return on equity of 5.91% and a net margin of 27.54%. The firm had revenue of $370.35 million for the quarter, compared to the consensus estimate of $364.64 million. During the same quarter last year, the company earned $1.08 earnings per share. As a group, research analysts predict that Regency Centers Co. will post 4.54 earnings per share for the current year.

Regency Centers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.705 per share. This represents a $2.82 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Wednesday, March 12th. Regency Centers's dividend payout ratio (DPR) is currently 133.02%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Scotiabank dropped their price objective on Regency Centers from $80.00 to $76.00 and set a "sector perform" rating for the company in a research note on Wednesday, April 23rd. Wells Fargo & Company cut their price target on shares of Regency Centers from $80.00 to $79.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Finally, Mizuho raised their target price on Regency Centers from $78.00 to $80.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $78.08.

Insider Transactions at Regency Centers

In related news, CEO Lisa Palmer sold 25,000 shares of the company's stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $73.26, for a total transaction of $1,831,500.00. Following the sale, the chief executive officer now owns 139,923 shares of the company's stock, valued at $10,250,758.98. This represents a 15.16 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Michael J. Mas sold 20,000 shares of the business's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $73.60, for a total transaction of $1,472,000.00. Following the completion of the sale, the chief financial officer now owns 54,020 shares in the company, valued at approximately $3,975,872. This trade represents a 27.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 95,000 shares of company stock valued at $6,977,500. 1.00% of the stock is currently owned by corporate insiders.

Regency Centers Company Profile

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.